Finance Score: 1

Governance Score: -1

Support Score: 6

Multiple Deficits: -2
Fundraising costs low: +3

Only 4 Trustees: -1
Good trustee age range: +3
All male board: -3

Grant maker support: +6

Overall GiG Score: 6

ABSOLUTE RETURN FOR KIDS (ARK)

Ark is an education charity that exists to make sure that all children, regardless of their background, have access to a great education and real choices in life. Ark incubates, launches and scales ventures that share our mission and values.

Analysis by Giving is Great

Positives:

Spending has increased over the last 3 years relative to the previous period
Fundraising costs are low relative to funds raised
A significant proportion of recent income was derived from major grant makers including the Government

Regulatory & Governance issues to consider:

There are only 4 trustees
The Board is completely male

Financial issues to consider:

On several occasions in recent years income has been less than spending

Established: 21 years

www.arkonline.org

info@arkonline.org

02031160800

Charity Commission for England and Wales

Tweets

Financial Data ?

Income & Spending ?

Sources of Income ?

Y/E		Income £k	Spending £k	Surplus/ Deficit	Fundraising Cost £k	Total Funds £k	Unrestricted Funds £k	Mths Rsrvs	Staff
31/08/22		£24,388	£24,150	£238	£823	£35,035	£4,161	2.1	110
31/08/21		£35,012	£25,305	£9,707	£581	£32,615	£2,486	1.2	105
31/08/20		£13,687	£16,057	£-2,370	£583	£2,010	£956	0.7	44
31/08/19		£15,699	£18,520	£-2,821	£541	£3,312	£2,208	1.4	41
31/08/18		£14,668	£16,662	£-1,994	£802	£5,088	£2,288	1.6	42
31/08/17		£16,574	£19,698	£-3,124	£709	£6,268	£5,306	3.2	44
31/08/16		£12,938	£15,221	£-2,283	£821	£8,111	£8,005	6.3	34
31/08/15		£13,006	£14,821	£-1,815	£1,015	£8,872	£8,176	6.6	33
31/08/14		£9,503	£13,979	£-4,476	£766	£8,630	£7,964	6.8	30
31/08/13		£12,959	£4,936	£8,023	£1,035	£12,720	£12,085	29.4	32
31/08/12	*	£17,247	£15,109	£2,138	£5,829	£15,829	£11,454	9.1	32
31/08/11		£14,393	£26,809	£-12,416	£6,947	£13,170	£6,367	2.8	26
31/08/10		£13,593	£12,932	£661	£5,678	£24,885	£15,637	14.5	24
31/08/09		£19,363	£15,169	£4,194	£2,884	£23,205	£16,405	13	27
31/08/08		£38,415	£33,081	£5,334	£5,192	£18,291	£8,731	3.2	25
31/08/07?	*	£32,701	£22,004	£10,697	£4,619	£32,400	£9,719	5.3	232
30/09/06		£20,530	£21,469	£-939	£0	£0	£0	n/a	0
30/09/05		£10,448	£7,376	£3,072	£0	£0	£0	n/a	0
30/09/04		£5,294	£1,215	£4,080	£0	£0	£0	n/a	0

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Financial Ratios

Fundraising Costs/Relevant Income: 6.3%
Fundraising Costs/Total Spending: 3.7%
Senior Staff Costs/Total Spending: 8%
Highest pay band: £200,000-£250,000
Liabilities/Assets: 57%
Liabilities/Income: 187%
Unrestricted Funds/Total Funds: 12%
Reserves/Spending: 2.1 months
Net Current Assets/Spending: 1 months
Quick Ratio: 0.7

Asset Split ?

Listed activities

Education/Training
General Charitable Purposes
The Prevention Or Relief Of Poverty

How it operates

Makes Grants to Organisations
Other charitable activities
Provides human resources
Provides services
Sponsors or undertakes research

Where it operates

India, South Africa, Throughout England, Uganda,

Who it helps

Children/Young People

Who works here?

110 employees

Who's supporting them? ?

Donations from Grant Makers ?

We have details on the following significant donations. Multi-year donations are allocated to the years for which they are earmarked.

Major supporters in last 5 years

Garfield Weston Foundation	£2,300,000
The Charity of Sir Richard Whittington	£338,000
ZING	£35,000
Youth Music	£25,000

Specific Donations

Amount	When Months	To be used for
ZING - Third year of core funding toward the expansion of the Get Further tutoring programme, channelled through Ark
£35,000	01/02/2021 12	Year three of core funding toward the development and scaling of Get Further's catch-up maths and english tuition programme, for students in further education. This funding round has been passed ....more Year three of core funding toward the development and scaling of Get Further's catch-up maths and english tuition programme, for students in further education. This funding round has been passed through Ark, for matched funding under the Ark Community Match Challenge.
Garfield Weston Foundation - Major Grants award
£2,000,000	06/11/2020	EDCITY
Youth Music - Young Music Leader Programme
£25,000	30/10/2020	Young Music Leader Programme
The Charity of Sir Richard Whittington - Grant to Absolute Return for Kids
£338,000	06/03/2020 36	Development and delivery of an integrated early years education programme aimed at improving early years provision in disadvantaged communities and closing the attainment gap.
Garfield Weston Foundation - Major Grants award
£300,000	28/02/2020	Whatever It Takes
Culham St Gabriel's Trust - A 'Big Ideas' Curriculum for RE
£23,000	10/07/2018	To create a fully resourced Key Stage 4 curriculum, informed by best practice in RE and evidence of how students learn.
ZING - Assembly School MIS development
£77,000	01/10/2017 12	Funding to develop Assembly: a secure, cloud-based platform that connects to schools' Management Information Systems and extracts key elements of school data
ZING - Assembly School MIS development
£101,000	01/12/2016 12	Funding to develop Assembly: a secure, cloud-based platform that connects to schools' Management Information Systems and extracts key elements of school data
ZING - Institute for Teaching seed funding
£50,000	01/12/2016 12	Seed funding for a new higher education institution with a mission to train and develop expert teachers who work where they are needed most
ZING - Assembly School MIS development
£143,000	01/09/2015 12	Funding to develop Assembly: a secure, cloud-based platform that connects to schools' Management Information Systems and extracts key elements of school data

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Data sourced from Donors via 360 Giving

How is it governed?

Trustees (4)

Gender Split

Age Range of Trustees: 43-66

ANTHONY PETER CLAKE Appointed: 2018, Occupation: Director

IAN GERALD PATRICK WACE (Chair) Appointed: 2002, Occupation: Hedge Fund Manager, Other trusteeship: THE JAGCLIF CHARITABLE TRUST,

LORD STANLEY FINK, Occupation: Chief Executive Public Company, Other trusteeships: OXFORD CENTRE FOR HEBREW AND JEWISH STUDIES, ASSOCIATION OF BRITISH NEUROLOGISTS, ARK UK PROGRAMMES,

SIR PAUL RODERICK CLUCAS MARSHALL, Occupation: Fund Manager, Other trusteeship: THE SEQUOIA TRUST,

Legal constitution

Charitable company registered in England & Wales on 09/01/2003, number: 1095322
Registered at Companies House on 13/11/2002, number: 04589451

Gift Aid

Registered with HMRC for Gift Aid

Policies in force

Complaints handling
Conflicting interests
Investment
Paying staff
Risk management
Safeguarding vulnerable beneficiaries

Filing Record

19 returns made; AR12: 8 days late, AR07: 7 days late,

Main office

Absolute Return for Kids
The Yellow Building
Monsoon Building
1 Nicholas Road
LONDON
W11 4AN

Objectives

FOR SUCH EXCLUSIVELY CHARITABLE PURPOSES FOR THE BENEFIT OF THE PUBLIC IN ANY PART OF THE WORLD AS THE DIRECTORS MAY IN THEIR ABSOLUTE DISCRETION THINK FIT.

Defined Area of Benefit:

ANY PART OF THE WORLD

Data Sources